Astronics (ATROB) versus The Competition Financial Comparison

Astronics (OTCMKTS:ATROB) is one of 229 public companies in the “Aerospace & Defense” industry, but how does it weigh in compared to its peers? We will compare Astronics to related companies based on the strength of its dividends, earnings, institutional ownership, profitability, risk, analyst recommendations and valuation.

Institutional and Insider Ownership

49.5% of shares of all “Aerospace & Defense” companies are owned by institutional investors. 16.0% of Astronics shares are owned by insiders. Comparatively, 11.9% of shares of all “Aerospace & Defense” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Profitability

This table compares Astronics and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Astronics	8.40%	67.69%	14.23%
Astronics Competitors	-286.74%	-46.93%	-4.23%

Risk and Volatility

Astronics has a beta of 1.33, meaning that its share price is 33% more volatile than the S&P 500. Comparatively, Astronics’ peers have a beta of 1.30, meaning that their average share price is 30% more volatile than the S&P 500.

Analyst Ratings

This is a summary of recent ratings and price targets for Astronics and its peers, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Astronics	0	1	0	0	2.00
Astronics Competitors	2150	8236	12722	577	2.50

As a group, “Aerospace & Defense” companies have a potential upside of 24.66%. Given Astronics’ peers stronger consensus rating and higher probable upside, analysts plainly believe Astronics has less favorable growth aspects than its peers.

Earnings and Valuation

This table compares Astronics and its peers top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Astronics	$862.13 million	$29.36 million	29.41
Astronics Competitors	$8.43 billion	$569.54 million	25.13

Astronics’ peers have higher revenue and earnings than Astronics. Astronics is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Summary

Astronics peers beat Astronics on 7 of the 13 factors compared.

Astronics Company Profile

Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defense, and electronics industries in the United States, rest of North America, Asia, Europe, South America, and internationally. The company operates in two segments, Aerospace and Test Systems. The Aerospace segment offers lighting and safety systems, electrical power generation systems, distribution and seat motions systems, aircraft structures, avionics products, system certification, and other products. This segment serves airframe manufacturers (OEM) that build aircraft for the commercial, military, and general aviation markets; suppliers to OEMs; and aircraft operators, such as airlines; suppliers to the aircraft operators; and branches of the U.S. Department of Defense. The Test Systems segment designs, develops, manufactures, and maintains automated test systems that support the aerospace and defense, and mass transit industries, as well as training and simulation devices for commercial and military applications. It serves OEMs and prime government contractors for electronics and military products. Astronics Corporation was incorporated in 1968 and is headquartered in East Aurora, New York.